Scandal at Danske Bank related to money laundering resulted in bank’s shares slump to the lowest level in four years, Reuters reports. The biggest bank in Denmark is trying to calm down investors that were shocked by the news about criminal investigation of US in regards to Estonian branch of Danske Bank.

According to the opinion of bank’s leaders, the situation in Danske Bank is different from the situation with Latvian ABLV, which in February was accused by the US in hiding money laundering activities. As a result the bank was denied of dollar funding and was liquidated.

It shall be reminded that last month Danske Bank announced about suspicious movement of 200 billion euro through its branch in Estonia from 2007 to 2015.

As a result, politicians and regulators called to increased control over banks and tighten European rules in regards to preventing money laundering.

In addition, Credit Suisse reduced evaluation of Danske Bank’s shares and lowered target price from 244 Danish crowns to 199 crowns. Shares of the bank lost 6,1% on Friday.